v3.26.1
RIGHT OF USE ASSETS AND LEASES (Tables)
12 Months Ended
Dec. 31, 2025
RIGHT OF USE ASSETS AND LEASES  
Schedule of lease expense

 

 

For the Years Ended

 

 

 

December 31,

 

 

 

Expense Classification

 

2025

 

 

2024

 

Operating lease expense:

 

 

 

 

 

 

 

 

Total operating lease expense

 

General and administrative

 

$605,927

 

 

$482,506

 

Schedule of information related to leases

 

 

As of

December 31,

 

 

As of

December 31,

 

Operating leases:

 

2025

 

 

2024

 

Weighted-average remaining lease term:

 

 

 

 

 

 

Operating leases (in years)

 

 

3.84

 

 

 

4.65

 

Weighted-average discount rate:

 

 

 

 

 

 

 

 

Operating leases

 

 

9.64%

 

 

9.51%
Schedule of future minimum lease payment

 

 

Operating

 

Fiscal Year

 

Leases

 

2026

 

 

607,783

 

2027

 

 

616,900

 

2028

 

 

626,249

 

2029

 

 

120,342

 

2030

 

 

122,097

 

Thereafter

 

 

122,472

 

Discounted cash flows

 

 

2,215,843

 

Less imputed interest

 

 

435,520

 

Present value of lease liabilities

 

$1,780,323